Regardless of the worldwide headwinds being confronted by the metal trade within the wake of President Donald Trump’s tariffs, UAE’s EMSTEEL confirmed resilience in its monetary outcomes for the primary half of 2025.
Sustained momentum within the UAE’s construction sector helped EMSTEEL ship robust operational efficiency in the course of the interval, growing gross sales volumes of completed metal merchandise by 24 per cent year-on-year (YoY) to 1,616 thousand tonnes.
Robust demand and optimised capability utilisation enabled the total conversion of semi-finished merchandise into completed items to raised serve clients. Moreover, cement and clinker gross sales volumes rose by 21 per cent YoY to 1,613 thousand tonnes.
EMSTEEL studies robust H1 2025 progress
EMSTEEL reported revenues of AED 4.3 billion (US$1.17 billion) for the primary half of 2025, marking a 9 per cent improve in contrast H1 2024. This was regardless of a 4 per cent YoY decline in common metal costs and a strategic shift in the direction of prioritising gross sales of completed merchandise and phasing out gross sales of semi-finished merchandise, which accounted for 9 per cent of the metal division’s income in H1 final yr.
EBITDA reached AED 540 million (US$147 million), up 6 per cent YoY, with an EBITDA margin of 12.6 per cent, in comparison with 12.8 per cent in H1 2024. Margin stress from decrease costs was mitigated by improved manufacturing prices in Q2 2025, enhanced capability utilisation, and ongoing course of optimisation initiatives.
The Emirates Metal division contributed AED 3.9 billion (US$1.06 billion) in income, representing a 7 per cent improve in comparison with H1 2024, and generated AED 449 million (US$122.26 million) in EBITDA. The Cement division recorded AED 428 million (US$116.5 million) in income, reflecting 21 per cent YoY progress, and generated AED 91 million (US$24.8 million) in EBITDA.
Revenue after tax for H1 2025 amounted to AED 188 million (US$51.2 million), in comparison with AED 174 million (US$47.4 million) for a similar interval final yr.
Saeed Ghumran Al Remeithi, Group Chief Government Officer of EMSTEEL, commented: “Our robust H1 2025 efficiency underscores the resilience and flexibility of EMSTEEL in an evolving international market. The 9 per cent progress in income and continued EBITDA energy replicate our strategic give attention to value-added merchandise, operational effectivity, and home market management. We’re happy with our crew’s capacity to transform trade headwinds into alternatives for progress and innovation.
“As we advance our decarbonisation journey, the launch of our Inexperienced Finance Framework and our strategic partnership with Magsort mark essential milestones in constructing a extra sustainable, round metal and cement ecosystem. With a strong monetary basis, robust ESG credentials, and a transparent long-term imaginative and prescient, EMSTEEL stays well-positioned to ship sustainable worth to all stakeholders.”
As of 30 June 2025, the group maintained a web money place of AED 372 million (US$101.3 million), in comparison with AED 337 million (US$91.76 million) as of 31 December 2024.
Throughout the second quarter of 2025, EMSTEEL obtained a provisional ‘AA’ ESG ranking from MSCI, positioning the corporate on the forefront of environmental and social threat administration. The ranking highlights EMSTEEL’s accountable carbon discount efforts and distinctive workforce well being and security practices, with efficiency throughout majority of the ESG classes ranked above international trade averages.
The corporate signed a strategic partnership with Finland’s Magsort to supply decarbonised cement, following a profitable pilot at its Al Ain plant utilizing 10,000 tonnes of supplies that cut back carbon, which have been developed by incorporating steel-slag.